The third largest Romanian oil refinery RAFO Onesti has been bought by Austrian company Andres Capital GmbH, which is controlled by a group of Moldovan investors, led by Vitali Cebanu.
The aforementioned acquisition of RAFO Onesti oil refinery, which was not operational since 2008, was done about a month ago, but did not pass all the necessary registration and update procedures at the Bucharest Stock Exchange.
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Tags: acquisition, Moldova, oil, oil refinery, Onesti, RAFO Onesti, Romania